House of Cassini: See the Gilded Age mansion about to sell for just $34.5 million after years of bankruptcy turmoil
Business Insider
February 25, 2026
AI-Generated Deep Dive Summary
A Gilded Age mansion once home to fashion designer Oleg Cassini, known for creating Jacqueline Kennedy Onassis's iconic wardrobe, is set to be sold at $34.5 million after years of legal battles and financial turmoil. The 1901 Beaux-Arts townhouse, located on Manhattan’s Upper East Side, has a rich history marked by opulence, violence, and transformation. Originally built for Wall Street stockbroker Elias Asiel, the mansion was later purchased by Cassini's widow, Marianne, and her sister-in-law, Peggy Nestor, in 1984. However, legal disputes over rising debts led to Nestor’s eviction by federal marshals in 2024, and the property now faces a sale to settle more than $30 million in mortgage debts.
The mansion, featuring 20 rooms and 18,000 square feet of living space, was once
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Originally published on Business Insider on 2/25/2026